IBERIABANK Corp. (IBKC) Tops Q3 EPS by 6c
IBERIABANK Corp. (NASDAQ: IBKC) reported Q3 EPS of $1.74, $0.06 better than the analyst estimate of $1.68. Revenue for the quarter came in at $0 versus the consensus estimate of $311.57 million.
2019 Financial Guidance
The Company is providing initial financial guidance for 2019 as listed below:
2019 Guidance | |
Average Earning Assets | $28.6B ~ $28.9B |
Consolidated Loan Growth | 5% ~ 7% |
Consolidated Deposit Growth | 5% ~ 7% |
Provision Expense | $35MM ~ $49MM |
Non-Interest Income (Core Basis) | $215MM ~ $225MM |
Non-Interest Expense (Core Basis) | $685MM ~ $700MM |
Net Interest Margin | 3.60% ~ 3.70% |
Tax Rate | 22.5% ~ 23.5% |
Preferred Dividend & Unrestricted Shares | $12.5 ~ $13.5 |
Share Repurchase Activity | $135MM ~ $150MM |
Credit Quality | Stable |
For earnings history and earnings-related data on IBERIABANK Corp. (IBKC) click here.